Burr Oak, MI Foreclosures
How much do homes sell for in Burr Oak, MI?
The average home price is currently $201,669.
In Burr Oak, MI, how many homes are available?
There are currently 4 active home listings available in Burr Oak.
What’s the average rental cost in Burr Oak, MI?
The average rental price in Burr Oak is $1,341.
What is the most expensive home in Burr Oak?
The most expensive home sold in Burr Oak had a price of $790,312.
What is currently the cheapest priced home in Burr Oak, MI?
The cheapest home for sale in Burr Oak is priced at $11,237.
Living in Burr Oak, MI
Burr Oak, MI, is a quaint village with a welcoming atmosphere perfect for families and retirees. With its proximity to nature and essential amenities, it offers a serene lifestyle while remaining connected to nearby urban conveniences. The area is rich in outdoor activities and community events, making it an attractive place to call home.
Current Market Conditions in Burr Oak, MI
Burr Oak's real estate market is relatively stable, with properties often reflecting the village's affordable nature. The past few months have seen a slight increase in property values as buyers are drawn to the area for its charm and community feel. Homes are selling quickly, especially those that are well-maintained and priced competitively.
As a small village, Burr Oak does not experience the rapid fluctuations in market conditions that larger cities may see; however, its appeal is on the rise, and it is becoming a desirable destination for those seeking a peaceful retreat away from busy urban centers.
Home Value Estimator For Burr Oak, MI
There are currently 968 real estate properties
in Burr Oak, MI,
with a median automated valuation model (AVM) price
of $172,017.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burr Oak, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Burr Oak, MI,
is $201,669.00, with the most expensive house
in Burr Oak, MI, topping out
at $790,312.00 and the cheapest home
in Burr Oak, MI,
clocking in at $11,237.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burr Oak, MI!
Rent Prices
In Burr Oak, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burr Oak, MI, is on
a rollercoaster ride. The
average rent price in Burr Oak, MI,
is $1,341.00. Indeed, when looking to rent in
Burr Oak, MI, you can expect to pay as little
as $800.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Burr Oak, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
